2026 Year-End Tax Prep for High-Income and Cross-Border Taxpayers
For high-income taxpayers, business owners, investors, and families with Korea-U.S. ties, year-end is the time to review income, withholding, retirement
Posted on October 21, 2026
News
Using Rental Losses Against W-2 Income: What High Earners Should Know
Many high earners buy rental property expecting depreciation and expenses to reduce their taxes. But under the IRS passive activity
Posted on September 17, 2026
Why Secure Tax Document Sharing Matters
Tax documents contain some of the most sensitive information a person can share. A single tax file may include Social
Posted on August 14, 2026
Strategic Guide for Korea to U.S. Capital Transfers
Large international wire transfers are subject to rigorous Anti-Money Laundering (AML) and Know Your Customer (KYC) reviews. While most transactions
Posted on July 7, 2026
Audit Triggers and How to Reduce Friction (Part Two)
Read Part One: Audit Triggers for High-Net-Worth Returns The Deductions, Equity Events, and Reporting Details That Trigger Follow-Up Audit Trigger
Posted on June 15, 2026
Audit Triggers for High-Net-Worth Returns (Part One)
Why "Data Mismatches" Trigger Audits Many high-net-worth taxpayers assume audits are random, but modern exams are almost entirely data-driven. The
Posted on May 11, 2026
Navigating US-Korea Taxation: Inheritance, Real Estate, Jeonse, and Pensions
The general rules of foreign compliance are strict, but when applied to South Korea, the interaction between the two tax
Posted on April 14, 2026
Beyond the Border: 5 Must-Knows for High-Net-Worth Individuals with Foreign Assets
For high-net-worth individuals in Washington, particularly those with family or business ties to South Korea, managing cross-border assets involves navigating
Posted on March 19, 2026
Washington State & High-Income Strategy: Navigating Local Liabilities
While Washington is famous for having no state income tax, it is a mistake to assume that high-net-worth individuals are
Posted on February 4, 2026
2025 Tax Season Information
Dear SKJ & Company, P.S. Clients: As the 2025 tax filing season is approaching, we are providing the following important
Posted on January 21, 2026
Estate Planning 2026: The Cliff is Cancelled, But New Traps Emerge
For years, the estate planning world has been bracing for a “sunset”, a scheduled expiration of tax cuts that threatened
Posted on January 6, 2026
Tobacco Product Tax now applies to all nicotine products
Dear Clients of SKJ & Company, P.S., Effective 1/1/2026, the Tobacco Product Tax will apply to all products containing nicotine.
Posted on December 30, 2025